Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1887-10-13
home AFFAIRS.
ANOTHER BANK CASHIER SKIPS
TIE COUNTRY.
California Hops-SulIivan and Kiilen
"A Rising Songstress-InQue
on the Kout Victims.
IasroAL DISPATCHES TO THE HEooED-usIos.l
MEN OF MONEY.
What is Being Done by the Assem-
bled Bankers at Pittsburg.

bled Bankers at Pittsburg.
tCoPyIgM, 1857 BY the California Associated Press
PITTSBURGH, October I2th.-[Special. i
The Sixteenth Annual Convention of the
American Bankers Association met in this
city today. Ex-Controller Knox will de-
liver an address on the surplus and public
debt. The entertainment of visitors in
cludes steamboat excursion and railway
excursion through the oil and gas regions.
Capital to the extent of $400. 600 600 is rep
resented.
In the afternoon Hon. Beriah Wilkins.
OF Ohio, delivered an address on "How to
AVOID an Accumulation of Surplus in the
Future"
VIM. P. ST. John. President of the Mer-
camille National Bank of New York, fol-
lowed in deeply technical paper on.
Possible Emergencies in the Money
Markets"
II. n. Kingman, of Chicago, read
paper, and was followed by Colonel
Exali. of Texas, who addressed the Con-
ven.en on the progress and growth of the
South and West.
A resolution was then adopted referring
to the immunity enjoyed by the class of
criminals known as dsfaulters and en-
bezzlers by flight to Canada, and request
ing the Executive Committee to appoint
partment the great evil now existing. and
urge an early amendment of the treaties
with Great Britain 50 that the evil may be
abated.
BANKING IN CALIFORNIA.
A long and able paper on The Progress
OF Banking in California" by BENJAMIN C.
wright, of San Francisco, was presented to
the Convention, of which the following is
the opening:
Mr.. President aud Gentlemen of the C,nrenfio1
Eastern eyes are turned toward California as
they have not been turned since the days of the
aIgonauIs ,lS @ Eastern ears are open to the wants
anu promises of California as never before
Eastern hearts are yearning for California as in
no previous period of It's history. Eastern neo
pie are coming to California in large numbers
anu WIN the.VleW OF permanent settlement
REASONS FOR THE WESTWARD MARCH.
What has brought about this condition of
lnlngs! Inc causes are various California has
demonstrated its right to exist and to he recog
nlzed as one OF the foremost States of the Union
II has shown that it is capable of seifsupport.
TOT tllrly-hlne years it has held place in the
slslernood OF States. When its star was first
aoued 70 the held of blue on The flag of the coun
Try there were grave doubts as to the propriety
Oh Ihe measure. I those doubts have long since
oso,O00, added to the worlds stock of snecie nv
California has not only given her the name of
the 6olden state but has given her a fame
hS VIC HtitIous OF the earth which no other
state can claim. The gold did much 10 prevent
disruption OF the United States in 1861 10 1864
"hen the Governments credit was low.
VARIETY OF CAPABILITIES.
Thilofnla has shown greater wealth in her
SOL than in her mines. While mining in this
state mas not been abandoned, and will not be
,ol many years, II at all, greater attention has
Deen pald to agriculture and with better and
more more permanent results. The variety of soil and
climate makes 1t possible to raise here eyery.
snlng tnat can be produced In any or all of the
otaes IN the Union. No other State has So
hucn inherent independence in all that GOES TO
make; make up material progress If necessary or de.
slrapie, California could stand alone as against
All other states. She has the natural resources
ior the support of millions and has been con-
trlbutlng to the support of millions in other
parts OF this country, Europe and elsewhere.
F ror years she has been loading and sending to
europe from 800 to 500 of the largest shins nm.
nually with her surplus wheat, She nrodnces
NOR mo oaIley than any other State. She Is good
lor aooOo 900 to 30 900 900 pounds wool annually.
! She produces all kinds of fruits and nnts in
great abundance. She leads all other States in
raisihs and wfne-making. She has the only
eulcksiIYer mines in the country. She has the
/ ~, wy redwood forest IN the world She has the
nesthiest children, the bravest men. and the
inoss beautiful women on the face of the earth